About Alphabet (NASDAQ:GOOG)

Alphabet Inc. is a holding company. The Company's businesses include Google Inc. (Google) and its Internet products, such as Access, Calico, CapitalG, GV, Nest, Verily, Waymo and X. The Company's segments include Google and Other Bets. The Google segment includes its Internet products, such as Search, Ads, Commerce, Maps, YouTube, Google Cloud, Android, Chrome and Google Play, as well as its hardware initiatives. The Google segment is engaged in advertising, sales of digital content, applications and cloud offerings, and sales of hardware products. The Other Bets segment is engaged in the sales of Internet and television services through Google Fiber, sales of Nest products and services, and licensing and research and development (R&D) services through Verily. It offers Google Assistant, which allows users to type or talk with Google; Google Maps, which helps users navigate to a store, and Google Photos, which helps users store and organize all of their photos.

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Alphabet (NASDAQ:GOOG) Frequently Asked Questions

What is Alphabet's stock symbol?

Alphabet trades on the NASDAQ under the ticker symbol "GOOG."

When did Alphabet's stock split? How did Alphabet's stock split work?

Alphabet's stock split before market open on Thursday, April 3rd 2014. The 2-1 split was announced on Monday, February 10th 2014. The newly issued shares were distributed to shareholders after the closing bell on Wednesday, April 2nd 2014. An investor that had 100 shares of Alphabet stock prior to the split would have 200 shares after the split.

How will Alphabet's stock buyback program work?

Alphabet announced that its board has initiated a share repurchase program on Friday, February 2nd 2018, which permits the company to repurchase $8,589,870,000.00 in shares, according to EventVestor. This repurchase authorization permits the company to reacquire shares of its stock through open market purchases. Stock repurchase programs are often an indication that the company's board believes its shares are undervalued.

How were Alphabet's earnings last quarter?

Alphabet Inc (NASDAQ:GOOG) issued its quarterly earnings results on Thursday, February, 1st. The information services provider reported $9.70 earnings per share for the quarter, missing the Zacks' consensus estimate of $10.07 by $0.37. The information services provider earned $32.32 billion during the quarter, compared to the consensus estimate of $31.88 billion. Alphabet had a return on equity of 14.94% and a net margin of 11.42%. The firm's quarterly revenue was up 24.0% on a year-over-year basis. During the same quarter in the previous year, the firm posted $9.36 earnings per share. View Alphabet's Earnings History.

When will Alphabet make its next earnings announcement?

Where is Alphabet's stock going? Where will Alphabet's stock price be in 2018?

42 Wall Street analysts have issued 12 month price objectives for Alphabet's stock. Their predictions range from $725.00 to $1,300.00. On average, they anticipate Alphabet's stock price to reach $1,064.32 in the next twelve months. View Analyst Ratings for Alphabet.

What are Wall Street analysts saying about Alphabet stock?

Here are some recent quotes from research analysts about Alphabet stock:

1. Wells Fargo & Co analysts commented, "durable growth engines" and fully addresses the needs of marketers."We believe additional user signals provided by mobile device adoption, expanded targeting options and improvements in measurement are key drivers for increasing search and YouTube ad productivity," the analyst added.Meanwhile, paid click growth showed an "impressive" 61 percent gain on a year-over-year basis and a 15 percent sequential growth within the Google operated properties, Stabler continued. In addition, YouTube saw notable strength despite an ad controversy which appears to have posed no impact on the results.On the other hand, Alphabet did report a higher-than-expected traffic acquisition cost, but this shouldn't be of concern to investors. At the end of the day, Google maintains its status as being well-positioned to continue gaining market share in the online advertising space, and the adoption of machine learning technologies will result in efficiency improvements for marketers.Finally, Alphabet still has many levers for future growth, including YouTube, local, Cloud and hardware sales.Canaccord: Solid Quarter But Don't Don't BuyCanaccord Genuity's Michael Graham maintains a Hold rating on Alphabet's stock with an unchanged $1,000 price target despite the company's "solid" earnings report in which core revenue growth of 19.6 percent was "fairly close" enough to the "psychologically important 20 percent level."Looking forward, Alphabet's third quarter will mark an "important test" as this represents the anniversary in which mobile ad slots started rolling out in 2015 and 2016.Finally, Alphabet may have a gross margin problem in which fast-growing segments boasts lower gross margin structures. For example, the mobile search's gross margin is modeled to be at 60 percent, YouTube is modeled at less than 40 percent and programmatic at less than 20 percent. These figures fall short of the company average of 62 percent over the past three years and 60 percent in the second quarter."We believe these trends are likely to persist for the foreseeable future, and while we applaud the increased gross profit dollars they bring, we note that this headwind makes raising EPS estimates more difficult," (7/22/2017)

2. Mizuho analysts commented, "We think there is minimal near-term earnings impact. We believe that YouTube could generate approximately $12 billion+ in gross revenue this year. If 10% of revenue is impacted by this ban, we estimate that this would impact Non-GAAP EPS by approximately $0.15 in 2017 (based on 65%/35% rev split, 30% YT operating margin and 19% tax rate). This would impact our 2017 nonGAAP EPS by less than 1%. However, if Google does not nip this issue in the bud, we think there could be a broader repercussions around YouTube's brand, if consumers, creators and advertisers stop coming to the site. We reiterate our Buy on Alphabet. We like the fact that Alphabet continues to innovate around ads, and we see device bidding, expanded text ads, and Google Cloud as meaningful drivers of growth in 2017. While we view this YT ad issue as a near-term concern, we believe that Google is working hard to address the issues and win back the trust of its brand advertisers." (3/23/2017)

3. Pivotal Research analysts commented, "The approach comes across to us as attempting to minimize the problem rather than eliminating it, which is the standard we think that many large brand advertisers expect," the analyst argued. "We think that Google will probably need to articulate goals that sound more like a zero tolerance policy, to alleviate concerns before it can fully recover." (3/20/2017)

4. Robert W. Baird analysts commented, "While long-rumored, yesterday's announcement of YouTube TV subscription serve more formally established Google/YouTube as a player in the over-the-top (OTT) content and distribution market, and set to compete more directly with legacy cable/satellite networks as well as pure-play online subscription alternatives (e.g. Amazon/Prime Instant Video, Netflix.) We believe Google/YouTube is well positioned in the market with a large 1 billion+ active user base, significant streaming/download capabilities, and resources to license and create content." (3/1/2017)

How do I buy Alphabet stock?

Shares of Alphabet can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Alphabet's stock price today?

One share of Alphabet stock can currently be purchased for approximately $1,094.80.

How big of a company is Alphabet?

Alphabet has a market capitalization of $764.74 billion and generates $110.86 billion in revenue each year. The information services provider earns $12.66 billion in net income (profit) each year or $32.10 on an earnings per share basis.

MarketBeat Community Rating for Alphabet (GOOG)

MarketBeat's community ratings are surveys of what our community members think about Alphabet and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Alphabet (NASDAQ:GOOG) Analysts' Consensus Rating

MarketBeat calculates consensus analyst ratings for company stocks using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.

MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.